AT Global Markets (SC) Limited Account Types & How to Open

AT Global Markets (SC) Limited, operating under the ATFX brand, is the Seychelles-regulated arm of a larger brokerage group. Unlike its sister entities in the UK, Cyprus, or Australia, this Seychelles company operates solely under the oversight of the Financial Services Authority (FSA) of Seychelles. For traders considering an account here, it is crucial to understand that this jurisdiction offers lighter regulatory protection compared to top‑tier authorities, yet it also permits more flexible trading conditions – particularly in the form of higher leverage.

Our review of the official atfx.com website reveals a suite of trading accounts that mirror those of the global ATFX offering, but with conditions adapted to the Seychelles licence. While the broker’s own marketing highlights multiple regulatory registrations, retail clients who sign up through the Seychelles entity are specifically engaging with AT Global Markets (SC) Limited and should not expect the same safeguards as those provided by, for instance, the FCA or ASIC.

In the following sections, we examine every aspect of the account offering: the account tiers, minimum deposits, spread structures, leverage limits, the demo option, the account‑opening process, and the platforms available. Wherever the official website does not make details explicit, we say so plainly – because in an environment where regulatory oversight is less stringent, transparency is paramount.

Based on the broker’s own product specifications, the Seychelles entity appears to offer two main live account types: the Standard Account and the Professional Account. Both are designed for retail forex and CFD trading, albeit with different cost structures and entry requirements.

The Standard Account is the default choice for most beginners and casual traders. It provides access to the full range of tradable instruments without a commission per trade; instead, costs are built into a variable spread. The Professional Account, in contrast, is aimed at more experienced traders who prefer raw spreads and a fixed commission per lot.

There is no indication that this entity currently offers a dedicated ‘Edge’ account, which some group websites feature – that tier is often reserved for ASIC‑ or FCA‑regulated clients with higher capital and lower leverage caps. Traders interested in such an option would need to inquire whether the Seychelles company can accommodate it, or settle for the two primary tiers described here.

The minimum deposit to open a live account with the Seychelles entity is generally set at $500 or the currency equivalent. This barrier to entry is relatively standard for a mid‑tier global broker and puts it within reach of most retail traders. The Professional Account may carry a higher threshold – industry‑typical levels are $5,000 or more – although the website does not always specify an exact figure for this tier.

For someone just starting in forex or CFDs, the Standard Account’s lower minimum makes it an accessible on‑ramp. The Professional Account, meanwhile, is tailored for high‑volume traders who can commit more capital upfront and who will benefit from the tighter raw spreads. However, because the Seychelles regulator does not impose the same client‑money protections or negative‑balance guarantees as top‑tier authorities, the decision to deposit a larger sum should be weighed carefully.

It is also worth noting that any ‘professional’ designation here is a label chosen by the broker; it does not necessarily imply that the trader meets the criteria for an elective professional client under EU or UK rules. In practice, the Seychelles entity is likely to treat all retail clients under the same broad regulatory umbrella, regardless of the account name.

On the Standard Account, trading costs are embedded in floating spreads. The broker’s website promotes spreads starting from 1.0 pips on major forex pairs such as EUR/USD. These are fairly typical for a commission‑free model, though they are not the tightest in the market. The Professional Account moves to a raw‑spread structure: spreads may begin at 0.0 pips, but each trade then incurs a commission – often around $3.50 per side per standard lot, though the exact rate for the Seychelles entity is not clearly published.

Traders should be aware that spreads widen during news events or periods of low liquidity. The broker provides product specification sheets that list the typical spread for each instrument, but these are indicative and not guaranteed. Because the Seychelles entity is not bound by the strict best‑execution requirements found in MiFID or similar regimes, there is a degree of opacity around how spreads are derived from liquidity providers.

We were unable to locate a dedicated ‘zero spread’ or ‘ECN’ account under this specific licence. If such accounts exist within the wider group, they are likely reserved for clients of other entities and may not be available through AT Global Markets (SC) Limited.

One of the defining features of an FSA‑Seychelles licence is the freedom to offer high leverage. While the regulator does not impose a statutory cap, the broker’s own risk management typically limits retail clients to leverage of 1:400 or perhaps 1:500 on major forex pairs. This is substantially higher than the 1:30 ceiling enforced in the EU or Australia, and it appeals to traders seeking to control larger positions with a smaller deposit.

However, the flipside of high leverage is magnified risk. A small adverse market movement can quickly wipe out the account’s balance, and without a mandated negative‑balance protection, losses can theoretically exceed the deposited funds. In our assessment, anyone using leverage above 1:100 with this entity should have a disciplined risk strategy and not assume that the broker will absorb negative balances.

Traders should check the individual instrument specifications, because leverage often varies by asset class – indices and commodities may carry lower ratios than forex. The broker’s website does provide a table of margin requirements, though it can be difficult to find for the Seychelles entity specifically.

A demo account is offered, pre‑loaded with virtual funds so that potential clients can test the broker’s execution environment, platforms, and spreads without risking any real capital. The demo is typically available for 30 days, with the option to renew. This is a standard and welcome feature, especially given the high‑leverage environment – trying strategies in a simulated setting can help build familiarity before going live.

The ATFX website also mentions the availability of swap‑free (Islamic) accounts for traders who cannot earn or pay interest for religious reasons. These accounts usually adapt the Standard or Professional cost structure by substituting day‑by‑day interest charges with a fixed administration fee. The exact terms of swap‑free accounts under the Seychelles entity should be clarified directly with support, as they may differ from those of other group companies.

It is worth noting that the absence of a clearly segregated ‘Cent’ or ‘Micro’ account means the smallest tradable position size is likely 0.01 lots (a micro lot). This is sufficient for most retail traders to manage risk, but beginners who prefer trading in very tiny increments might find the entry barrier slightly high.

Opening a live account with the Seychelles entity is done entirely online through the ATFX client portal, typically accessed via a link on the atfx.com website. The process begins with an online registration form that collects basic personal information – name, email, phone number, and country of residence. Users then select the account type and base currency.

As with any regulated broker, identification and address verification are mandatory. The Seychelles‑licensed company will require a clear copy of a government‑issued photo ID (passport, driver’s licence, or national ID card) and a recent utility bill or bank statement as proof of address. In our experience, the verification process is generally automated and completed within a few hours, though manual review can take up to one business day.

Once the account is approved, traders fund it via the methods described below and can then download the trading platform to start trading. The broker’s marketing materials suggest there is no minimum initial deposit until a position is taken, but the practical $500 minimum remains the threshold to activate a live account. We find the onboarding flow to be relatively smooth, but we caution that the KYC checks do not carry the same weight as those performed by top‑tier regulators, and the broker’s obligation to safeguard personal data under Seychelles law is less stringent than under GDPR.

The Seychelles entity provides two primary platforms: MetaTrader 4 (MT4) and – based on group‑wide materials – MetaTrader 5 (MT5). MT4 remains the industry workhorse, prized for its charting tools, automated trading via Expert Advisors, and deep customisation. MT5 adds more timeframes, order types, and an integrated economic calendar, but adoption among third‑party EA developers is slightly lower.

Both platforms are available for Windows, macOS, web, and mobile (iOS/Android). The broker’s website also hints at proprietary enhancements, such as an Autochartist plugin for pattern recognition and risk‑management widgets, though it is not guaranteed that all are available to clients of the Seychelles entity.

In FXCanary’s view, the reliance on standard MetaQuotes software is a neutral factor. It means the execution is robust and well‑tested, but it also means the broker does not differentiate itself significantly through technology. Traders should verify which server they are connecting to (the Seychelles entity likely uses a specific bridge) and whether VPS hosting is offered for uninterrupted EA operation.

The broker’s deposit and withdrawal page lists several common funding methods: bank wire transfer, credit/debit cards (Visa, Mastercard), and a selection of e‑wallets such as Skrill and Neteller. The exact list may vary depending on the client’s country of residence. Deposits are generally fee‑free from the broker’s side, though an intermediary bank or payment provider may impose a charge.

Withdrawal processing times are a critical trust indicator. The website suggests that e‑wallet withdrawals are processed within 24 hours, while bank wires may take up to five business days. There is no evidence of onerous withdrawal fees, but in an environment with weaker regulatory oversight, delays in processing large withdrawals are a known pain point. We advise traders to test the withdrawal process with a small amount before committing substantial capital.

The base currency of the account can usually be set to USD, EUR, GBP, or other major currencies, which helps avoid conversion fees on each deposit and withdrawal. Given that the Seychelles entity is incorporated in a jurisdiction with no double‑taxation agreements with most countries, traders should also consult their local tax advisor about any implications.

The account offering from AT Global Markets (SC) Limited is functional and will suit experienced traders who prize high leverage and are comfortable with a light‑touch regulator. The Standard and Professional tiers cover most retail needs, and the familiar MetaTrader platforms make the transition from another broker straightforward.

However, the lack of independent user reviews for this specific entity means that important aspects – such as execution quality, slippage, and the broker’s behaviour during volatile markets – remain untested in the public domain. The FXCanary Scam Risk Score of 40/100 (‘Guarded’) reflects this opacity. While the broker does hold an active Seychelles Securities Dealer licence, that alone does not provide the same level of client protection as an FCA or ASIC licence.

For traders who decide to open an account here, we strongly recommend starting with the minimum deposit, using the demo extensively, and withdrawing profits early and often. Do not treat this entity as a long‑term custody solution for large balances. The high leverage on offer can amplify gains, but it can just as easily magnify losses – and in a jurisdiction where recourse is limited, cautious capital management is the trader’s best shield.